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How many years is a SM contract?

How many years is a SM contract?

The contract length is about 10 years from 2012. However, since they have to enlist, their contract still have about 4 years (from 2019). So, it will probably end by 2023–2024. Lay, however, don’t have to enlist.

How long is EXO SM contract?

10-year
Instead, EXO signed a 10-year contract with SM. Although the EXO member`s contracts do not expire until 2022, Radio Star advised MC and Mystic Entertainment CEO Yoon Jong Shin Chen to consider the possible extension as soon as possible.

Is red velvet renew their contract?

Laboum had a member change during the renewal, and Red Velvet was the only successful girl group that had all members renew their contracts.

How long do K-pop groups contracts last?

Thus, most K-Pop group members today sign contracts which last exactly 7-years, starting from their official debut date. This means that 2022 signals the year in which all K-Pop groups who debuted in the year 2015 will face their contract renewals.

Do K-pop idols get paid monthly?

Nope not until the idols basically pay off the money that their companies spent on them as trainees and as idols.

How long is BTS contract?

BTS broke the seven-year K-pop curse after debuting in 2013, albeit with extreme hardships. The group renewed its contract for another seven years in 2018. With the renewal, BTS’s contract will continue until 2027, post which lies a road of uncertainty.

Did Exos contract end?

EXO Chen appeared on Radio star in early 2019 and confirmed that EXO signed their contracts on the same day so their contracts will end on the same date as well. The contracts were confirmed to be 10 years long based on the information from the lawsuits of the 3 former EXO members Kris, Luhan, and Tao.

Did Blackpink renew their contract?

If you are a fan of K-pop, you will know that the well-known 7-year curse is something very present, so BLACKPINK may not renew their contract and leave YG, although we know that the company will not let them go easily as they are it most successful group.

Are all Kpop contracts 7 years?

Conditions. Aspiring K-pop idols, known as “trainees,” sign contracts with management agencies when the trainee is as young as 12 or 13 years old. It may take ten years for an agency to groom the trainee and for them to debut on stage, according to the former head of the Korea Entertainment Law Society.

How long is TXT contract?

The contract expiration dates for Big Hit Entertainment’s two boy groups BTS and TOMORROW X TOGETHER, are 2024 and 2026, respectively.

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